Top News & Analysis United States

  • "This matter requires more attention," Jeremie Waterman, head of the U.S. Chamber of Commerce's China division, told a U.S. government panel hosted by the U.S.

  • EAST HAMPTON, Conn.-- The 180- year-old New England company that made the little bell that rings every time an angel gets its wings in the Christmas classic "It's a Wonderful Life" has resumed production in time for the holidays, four months after its 19th- century factory burned down.

  • Friends Fiduciary Corp., a Philadelphia nonprofit, sold its shares in Caterpillar Inc., Hewlett-Packard Co. and Veolia Environment after a review was requested by the Ann Arbor Friends Meeting.

  • NEW YORK-- Telecommunications equipment makers were mixed in Wednesday trading after Adtran Inc., which offered a disappointing third-quarter forecast in late September, said it expects a significant revenue decline in the fourth quarter. Adtran makes equipment that links homes and businesses to the Internet.

  • Oct 3- Hotel operator Marriott International. reported a higher quarterly profit on Wednesday as its corporate business showed strength. Net income came to $143 million, or 44 cents a share, in the third quarter ended September 7, compared with a loss of $179 million, or 52 cents a share, a year earlier.

  • Oct 3- American Airlines, Inc lost a court battle in its effort to block a union election vote by nearly 10,000 passenger service agents. Wednesday's decision by the 5th U.S. Circuit Court of Appeals in New Orleans came amid a separate labor dispute the airline's 8,000 pilots and its parent company, AMR Corp., which filed for bankruptcy in November.

  • The roughly $6 billion fund, run by Chase Coleman and Feroz Dewan, has been the darling of the investment community for its string of strong returns at a time when the average hedge fund is delivering only low single-digit returns. At the end of the second quarter the New York- based fund listed Apple Inc, Yandex NV and Google Inc.

  • PITTSBURGH-- Penn State University professors won't be part of an industry-funded study this year on the economic impact of natural gas drilling in the Marcellus Shale, an undertaking the school was criticized for in the past.

  • Oct 3- The issue isn't whether the Federal Reserve and European Central Bank are monetizing debt now, it is instead whether their actions make them more likely to later.

  • NEW YORK-- The rhetoric is rising, while the time before the planned start of the NHL regular season is running out. "Not prepared to speculate on next steps at this point," NHL Deputy Commissioner Bill Daly told The Associated Press in an email on Wednesday. " Daly also said on Wednesday that the NHL has no timetable when it will start calling off regular-season games.

  • Since Fitch's last rating action, Class A has been paid down by an additional $27.6 million primarily due the full payoff or removal at par of four CDO assets. ARMSS 2004-1 is a CRE collateralized debt obligation managed by Arbor Realty Collateral Management, LLC.

  • NEW YORK-- Nasdaq and other exchanges cancelled some trades of Kraft Foods Group Inc. Wednesday following an unusual spike after the market opened. Kraft's shares opened at $45.55 before surging to $58.54. The issue comes only days after Kraft Foods and former Kraft snack business Mondelez International began trading as two separate companies.

  • The market's gains were held in check by a slump in energy stocks and Hewlett-Packard's 13 percent plunge. "The price action today seems boring, but the economic data is pretty strong," said Ryan Detrick, senior technical strategist at Schaeffer's Investment Research.

  • NEW YORK, Oct 3- NuVasive Inc:.

  • WILMINGTON, Del.-- Primedia Inc. is asking a Delaware judge to dismiss a shareholder lawsuit challenging the acquisition of the Georgia- based house and apartment search guide publisher by private investment firm TPG Capital for $316 million.

  • Oct 3- Fitch Ratings has upgraded the Issuer Default Ratings of CF Industries Holdings, Inc.. and CF Industries Inc. to' BBB' from' BBB-'. A slump in corn production caused by this past season's drought and high temperatures have combined with speculation to push corn prices up to $7.50/ bushel from $5/ bushel last June.

  • Oct 3- Bakers Footwear Group Inc, which operates 215 women's shoe stores in the United States, filed for bankruptcy protection on Wednesday as it struggles to restructure its business amid falling sales. Bakers' weak sales this year pushed it into default on a $30 million secured credit facility it entered into in June with Crystal Financial LLC.

  • Vistage International, a business advisory firm, said its Vistage Confidence Index dropped to 89.0 for the July to September period, down from 92.8 during the second quarter and 105.1 in the first quarter.

  • TEHRAN, Iran-- Iranian authorities used aggressive measures Wednesday in an attempt to halt the nosedive of the country's currency, making arrests, vowing to stamp out sidewalk money changers and warning merchants against fueling the mounting public anger over the economy.